Is the U.S. stock market entering a speculative phase? Liz Ann Sonders of Schwab addresses this question as well as the current sideways movement of the markets. While many celebrated the recent agreement between Greece and the EU regarding their debt crisis, the market fundamentals remain much the same. Russ Koesterich of BlackRock discusses the investment outlook for the second half of 2015. If your mortgage payment schedule stretches too far into the future for your comfort, there is something you can do about it. Paula Pant discusses six ways to shorten a 30 year mortgage.
U.S. Stock Market Running To Stand Still– Liz Ann Sonders, Chief Investment Officer at Charles Schwab, considers what’s holding the U.S. markets in a sideways pattern. She offers analysis of both global and U.S. markets, and addresses the question of whether we’re in a speculative phase for stocks. She doesn’t believe we are headed for recession and suggests that the markets could keep climbing. Read more…
Putting The Greece Deal In Context– Regardless of what happens next in Greece, it’s important to put events in context: Despite all the recent drama and late-night summits between Greece and its creditors, the global economy and markets aren’t too far off the trajectory they were on in early 2015. Turmoil overseas hasn’t changed the underlying fundamentals that have shaped markets for some time now: slow but steady growth, low interest rates, low inflation, a strong dollar and a Federal Reserve that is likely to start raising rates by year’s end. Russ Koesterich, Chief Investment Officer at BlackRock, discusses a couple of themes that are likely to dominate the second half of the year. Read more…
6 Ways To Pay Down Your Mortgage More Quickly– Nothing can trigger that sinking feeling in the pit of your stomach faster than looking at your mortgage statement and seeing those dreaded lines: “360 payments” and “Payoff Date: 2044.” But you don’t have to adhere to a 30-year schedule. Here are six ways you can accelerate your repayment clock. Read more…
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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller